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Stock impact report

Independence Realty Trust Announces Third Quarter 2025 Financial Results

Independence Realty Trust, Inc. (IRT) 
Company Research Source: Business Wire
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT), a multifamily apartment REIT, announces its third quarter 2025 financial results.Q3 2025 EPS of $0.03Q3 CFFO Per Share of $0.29In Line with Expectations2.7% Same-Store NOI Growth in Q31.4% Increase in Rental Revenue and 0.7% Decrease in Property Operating Expenses95.6% Same-Store Occupancy at End of Q360.4% Resident Retention Rate in Q3Completed 788 Renovations in Value Add ProgramAchieved Average ROI of 14.8% During Q3Accretive Investment ActivityAcquired Two Communities in Orlando During Q3 for an Aggregate Purchase Price of $155 millionCapital Recycling Out of Three Communities to Fund Higher Growth Investments is ProgressingBalance Sheet Remains StrongConservative Leverage and Ample Liquidity to Fund GrowthReaffirmed Full Year 2025 Guidance MidpointsManagement Commentary“Third quarter same-store NOI growth of 2.7% and CFFO per share of $0.29 were in-line with our expectations. We remain committ Show less Read more
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